Reports alleged that cryptocurrency miners in China’s Yunnan province may be out of commission for a day if not longer due to the Chinese Communist Party’s 100th anniversary celebration this week. According to Kevin Zhang, the vice president of mining infrastructure company Foundry Services, all major Bitcoin (BTC) mining farms in Yunnan have been shut …
Monthly archives: July 2021
Here’s why pro traders expect further downside from Ethereum price
Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin’s modest 22% price increase, traders seem to be more affected by Ether’s recent underperformance. Institutional flow also backs the decreased optimism seen …
Continue reading “Here’s why pro traders expect further downside from Ethereum price”
House committee reviews cryptocurrency risks, regulations in hearing
The U.S. House committee on financial services held a hearing Wednesday for legislators and a panel of witnesses to discuss cryptocurrency regulation in the United States. The subcommittee on oversight and investigations invited expert witnesses to testify before congress on the risks and opportunities of blockchain technology. Rep. Brad Sherman (D-MN), a ranking member of …
Continue reading “House committee reviews cryptocurrency risks, regulations in hearing”
Bitcoin proponent Max Keiser sticks with $220,000 BTC price prediction by 2022
Bitcoin advocate Max Keiser said his price target for this year remains at $220,000, despite the FUD that has crept in over the past couple of weeks. On that, Keiser added that volatile downswings in Bitcoin are part and parcel of its nature. But on higher time frames and over its 10+ year history, it …
Continue reading “Bitcoin proponent Max Keiser sticks with $220,000 BTC price prediction by 2022”
Crypto mindsets, ETH 2.0, and solving real-world issues with Sandra Ro
Sandra Ro is CEO of the Global Blockchain Business Council, serving the council and crypto community to foster education and build bridges across enterprises, governments, and start-ups to help fulfill the potential of blockchain technology to solve real-world problems and help society. Ro was named to the Innovate Finance, Women in Fintech 2016 Power List …
Continue reading “Crypto mindsets, ETH 2.0, and solving real-world issues with Sandra Ro”
Coinbase to Launch Apple-Like Crypto App Store
Cryptocurrency exchange Coinbase has unveiled its plan to build “the crypto app store,” inspired by how Apple Inc. built its app store. CEO Brian Armstrong said: “Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps.” In a blog post …
Continue reading “Coinbase to Launch Apple-Like Crypto App Store”
Triall: Bridging the Gap Between Medical Research and Blockchain Technology
sponsored The COVID-19 pandemic has ravaged the global economy, leaving many industries re-evaluating the robustness of legacy models in times of crisis. Unsurprisingly, one of the most impacted industries has been the global healthcare industry, as governments raced to test for, treat and develop a vaccine for the fast-spreading virus. Whilst, on the whole, the …
Continue reading “Triall: Bridging the Gap Between Medical Research and Blockchain Technology”
Formula 1 Secures Multimillion Crypto Sponsorship Deal
Formula 1, the international auto racing organization, has found a new sponsor from the crypto industry. The long-term deal will provide a digital asset trading platform with brand presence at F1 events while the car championship hopes that the partnership will allow it to “explore the world of cryptocurrency.” Crypto.com to Support Formula 1 as …
Continue reading “Formula 1 Secures Multimillion Crypto Sponsorship Deal”
Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.” Blockware Raises $25 Million, Purchases 14,000 ASIC Miners Blockware Mining, a bitcoin mining infrastructure and …